Inventory Management Techniques To Cut Losses

12 Inventory Management Techniques To Cut Losses

Inventories that are mismanaged can create significant financial problems for a business. The use of inventory management techniques can reduce the troubles of the supply chain. And an inventory management solution can provide a better future for retail business. Raj owns a retail store in Mumbai and last year he started selling on eCommerce marketplaces.…

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Best Business Articles

12 Best Business Articles Of 2015

In our endeavour to help entrepreneurs to grow their businesses, we published lot of insightful articles last year. I’ve handpicked 12 of them that instantly stuck the cord with our readers. Hope you’ll enjoy these posts.   Here are 12 best business articles of 2015 published on ProfitBooks blog   Top 5 Payment Gateways & Wallet Providers…

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Loan Transaction

Advanced Accounting Using Journal Entry

Advance accounting, is a skill every business owner should be well aware of. The way advance accounting works may feel very overwhelming for business owners, but this is were this article will come in handy! In the following article, we have listed 10 tips for advance accounting using journal entry. 1. Fixed Asset Purchase. Depreciation allocates…

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Manage Entire Purchase Cycle Of Inventory

Each business incurs certain expenditure to run. They can be further divided into ‘purchases’ and ‘expenses’. Expenses can be either cash expenses which are paid off immediately, or credit expenses, which are incurred on a particular date but settled later. Purchase usually deals with procurement process of inventory which we require to either manufacture, or…

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